Coach, Inc. (NYSE:COH) Investor Investigation Over Potential Securities Laws Violations Announced

If you purchased shares of Coach, Inc. (NYSE:COH), you have certain options and you should contact the Shareholders Foundation, Inc.

To have your information reviewed for options and to recieve notifications about this investigation, please use this form. You may also send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.
Company Name(s): 
Coach
Affected Securities: 
NYSE: COH

Jan. 29, 2013 (Shareholders Foundation) -- An investigation on behalf of investors of Coach, Inc. (NYSE:COH) shares over potential securities laws violations by Coach, Inc. and certain of its directors and officers in connection certain financial statements was announced .

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Coach, Inc. (NYSE:COH) concerning whether a series of statements by Coach, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Coach, Inc. (NYSE:COH) reported that its Total Revenue rose from over $3.23 billion for the 52 weeks period that ended on June 27, 2009 to over $4.76 billion for the 52 weeks period that ended on June 30, 2012 and that its Net Income for the respective time periods increased from $623.37 million to over $1.03 billion.

Shares of Coach, Inc. (NYSE:COH) grew from as low as $11.80 per share in March 2009 to as high as $77.84 per share in March 2012.

Then on January 23, 2013, Coach, Inc. (NYSE:COH) announced its financial results for its fiscal quarter ended December 29, 2012.

Shares of Coach, Inc. (NYSE:COH) declined from $60.68 per share on Jan. 22, 2013, to $50.75 per share on Jan. 23, 2013.

On Jan. 25, 2013, NYSE: COH shares closed at $51.01 per share, which is significantly below its current 52 week High.